Settings8H · net · $10k
Funding arb · Price arb /

BNC

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.4314%/8h= +472.4% APRnext payment +$43.14 per $10,000 · paid last 24h +0.475%
Price spread now: HTX against Bitget−0.152%46s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. HTX is 0.152% cheaper against Bitget than usual: you would sell low and buy high (spread −0.152% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 3 hours of funding at the current rate (+$129 a day). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget BNCUSDT6.1924−0.4314get 0.4314% / 8h5h 01m$817K$4.6M5x
ShortHTX BNC-USDT6.18300get 0.0000% / 8h5h 01m$14K$31K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$905.94
Price spread: −0.152% → 0.000%
−$15.18
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
$866.76
Costs to cover
0.240%
Break-even
0.3 days
Slippage unknown: Bitget: live order book, 2 min ago; HTX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago3.95 bp28.6 bp −$29118.3 bp −$1,183173.4 bp −$17.3Kdoesn't fit
Sell HTX no order-book sample
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

BNC on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget BNCUSDTlong−0.4314%8h6.1924long leg$817K$4.6M5x
Bybit BNCUSDT−0.1188%8h6.1630−0.475%$613K$2.2M25xas long as short
QFEX BNC-USD−0.0008%1h6.1600−0.523%$50K$40K10xas long as short
Aster BNCUSD10.0000%8h6.1974+0.081%$178K$22K10xas long as short
Binance BNCUSDT0.0000%8h6.1640−0.459%$13.1M$41.6M10xas long as short
Variational Omni BNC0.0000%8h6.1598−0.526%$116K$149Kas long as short
Bullet BNC-USD0.0000%1h6.1639−0.460%$9K$69K10xas long as short
HTX BNC-USDTshort0.0000%8h6.1830−0.152%$14K$31K10x
KuCoin BNCUSDTM+0.0100%8h6.1830−0.152%$50K$3.0M20xas long as short